Nigerian billionaire Aliko Dangote has announced that he will invest US$8bn into the construction of a new oil refinery that will double Nigeria’s current refining capacity
Dangote to boost Nigeria’s oil production with US$8 billion refinery
Technical Focus
SAPREF awards Fluor with FEED contract in Durban
South African Petroleum Refineries (SAPREF) has awarded Fluor Corporation a Front-End Engineering and Design (FEED) contract for its Clean Fuels II Project in Durban
Total awards Moho Nord Subsea project contract to Technip
Total E&P Congo has awarded oil and gas sector engineering service provider Technip a contract for the engineering, procurement, supply, construction, installation and pre-commissioning of the Moho Nord development project
Nigerian deepwater oilfields 'could generate US$66 billion worth of investment'
A group of oil giants in Nigeria, under the aegis of the Oil Producers’ Trade Section of the Lagos Chamber of Commerce and Industry, have stated that the countrys deepwater oilfields have the potential to generate US$66bn worth of investment
Agip shuts Nigeria operations over oil theft
Italian oil explorer Eni subsidary Nigeria Agip Oil Company (NAOC) has suspended activities at fields located in oil-rich Bayelsa state after a steep increase in the number of oil thefts in the area
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